litigation finance News

SPAC Deal Generates Millions for Lawsuits Against Insurers That Stiffed Medicare

Wall Street’s latest blank-check company promises to be a litigation finance nightmare for property and casualty insurers. MSP Recovery, a Miami-area company that earns revenue by winning lawsuits against insurers, merged with a special purpose acquisition company in July. Last …

Harvard Invests in Litigation Strategy That Has Posted Big Gains

Harvard University is committing more capital to a strategy that backs plaintiffs in commercial disputes, delivering robust uncorrelated returns. The strategy is run by IMF Bentham Ltd., a publicly traded company which last week finished raising $500 million for a …

Clients Get Traded Like Commodities in Massive Injury Lawsuits

For all the black robes and ceremony, the American legal system often operates more like a factory assembly line than a citadel of individualized justice. Ninety-five percent of criminal prosecutions end in plea deals. Many defective product claims settle in …